New Accords Cover Small Package and Freight Groups
UPS (NYSE: UPS) today announced that it has reached a tentative agreement with the International Brotherhood of Teamsters (Teamsters) on two, new five-year contracts in the small package and freight business units. The tentative contracts, which must be presented to the UPS Teamster-represented employees for ratification, were concluded well in advance of the July 31, 2013, expiration of the current contracts.
"These agreements are a 'win-win-win' for our people, customers and shareholders," said Scott Davis, UPS chairman and CEO. "The fact that we have reached agreements well before our current contracts expire is a testament to the skills and determination of all those involved in these negotiations."
The new contracts enable UPS to remain highly competitive, customer-focused, and positioned to deliver transformative technologies in such areas as healthcare logistics and e-commerce on a global scale.
Upon ratification, the new agreements will take effect on August 1, 2013.
How FOX news distorts a story to keep the drones in line....
Thread Starter: The Other SideFOX news has been all over the "phone records" seizures of reporters and the "STORY" to FOX news is an abuse of power by the administration. The...
Last Post By: cheryl Today, 08:06 AM